Last Updated: 14 Jun, 2023 | Views: 255
Age: 67
Profession: Business Men
Other Profession(s): Philanthropist, Entrepreneur, Investor, Industrialist, Film Producer
Famous For: Founded The Holding Company, Access Industries Holdings
Higher Education: Columbia University (M.S.) Harvard Business School (M.B.A.)
Net Worth: $35.4 billion
About (Profile/Biography):
Len Blatvatnik was born on June 14, 1957. He is an American-British business magnate and philanthropist. He attended Moscow State University of Railway Engineering, but his coursework was interrupted by his family's request for emigration visas. His philanthropic contributions earned him a knighthood in 2017. Privatizing state-owned aluminum and oil assets led to Blavatnik's initial fortune after the collapse of the Soviet Union. His privately held U.S. company, Access Industries Holdings, owns most of Warner Music Group and has stakes in several publicly traded assets.
Len Blavatnik Education: His master's degree in computer science came from Columbia University's School of Engineering and Applied Science and his MBA from Harvard Business School.
Len Blavatnik Career:
1986: Len Blatvatnik is chairman and president of Access Industries Holdings, which he founded in 1986. LyondellBasell, the world's largest polypropylene producer, is owned by New York-based LyondellBasell.
1997: Len Blatvatnik Access Industries merged with Viktor Vekselberg's Renova Corp and Mikhail Fridman's Alfa Group in 1997 to form AAR (Alfa, Access, Renova). In this group, Blavatnik served as a connection to Western businesses such as British Petroleum.
1999: Len Blatvatnik attempted to purchase Chernogorneft, which was being auctioned off in 1999. Instead, Chernogorneft was acquired by Blavatnik's TNK company for $180 million, despite producing $1.2 billion worth of oil last year.
2017: Len Blatvatnik was mentioned as a possible buyer of Time Inc. in 2017. As a former Warner Music executive, Edgar Bronfman Jr. prepared the bid for Blavatnik.
2018: Len Blatvatnik was reportedly a front-runner in the bidding to buy Britain's third oldest theatre, the Theatre Royal Haymarket, in April 2018. Sources estimated the bid to be around £40 million.
Len Blavatnik Unknown Facts:
Len Blatvatnik supports the arts, especially in the US and the UK. His contributions have helped numerous cultural organizations, including the Metropolitan Museum, the Royal Opera House, and Tate Modern.
Len Blatvatnik is one of the wealthiest individuals in the world, according to a Forbes assessment of his worth at $32 billion.
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